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HomeMy WebLinkAboutOrdinance #487 C f ORDINANCE NO. !f-' 8 AN ORDINANCE OF THE CITY OF HUNTLNGTON BEACH, CALIFORNIA AUTHORIZING A CONTRACT BETWEEN THE CITY OF HUNTINGTON BEACH, CALIFORNIA, .AND. THE BOARD OF ADMINISTRATION, CALIFORNIA STATE EMPLOYEES I RETIREIVIENT SYSTEM, PROVIDING FOR THE PARTICIPATION OF SAID SUBDIV- ISION IN SAID STATE EMIPLOYEES' RETIREI+VENT SYSTEM, MAKING ITS EMPLOYEES MEMBERS OF SAID SYSTEM. The City Council of the City of Huntington Beach, California, do ordain as follows: Section 11: That a contract is hereby authorized by and between the City of Huntington C Beach, California, and the Board of Administration, California State Employees ' Retirement System, a COPY of said contract being attached hereto marked Exhibit "A", and by such reference made a part hereof as though herein set out in full. Section 2: In order to meet its. obligations C gander the proposed contract referred to, in' this Ordinance, the City Council of the City of Huntington , Beach is authorized to comply with all the provisions in the State Employees ' Retirement Act, as amended., or as it may hereafter be amended. ,I ' 1 Ord. 487 \ Section 3: The Mayor of the City of Huntington Beach, California, is hereby authorized, empowered and directed to execute said contract for and on behalf of the City of Huntington Beach, ! California. i Section 41 The City Clerk shall certify C, to the pasoage and-adoption of,i this ordinance and 1 shall cause the seine to be published by one insertion in the Huntington Beach News, a weekly newspaper; printed, published and circulated in the City of i Huntington Beach, Orange County; California, and thirty days after the adoption hereof the same shall take effect and be in force. G PASSED AND ADOPTED by the City Council of th ity of Huntington Beach, California, at a meeting thereof held on the 4th."d-ay,I...of :Sbptemb,ei; 1045. a AITTE ST City Clerk C 2 Ord- 487 C STATE OF CALIFORNIA } County of Orange ) ss City of Huntington Beach ) - I, C. R. FURR., the duly elected, qualified and acting City Clerk of the City of Huntington Beach and ex-officio Clerk of the City Council of said City of Huntington Beach, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach, is five; that the C foregoing Ordinance was first read to said City Council at a Regular Adjourned meeting thereof held on the 13th day of August, 1945, arm was again read to said City Coup c it at a Regular meeting thereof held on the 4th day of September , 1945, and was passed a.nd� adopted by the affirmative -*," --t h i 1-ds vote of more than a majority of all the members of C said City Council as follows: AYES: Councilmen: rable.Hawes. Bartlett Henrickson NOES: Councilmen: 1 None ABSENT: Councilmen: C Talbert . City lerk a.ni ex-offic o Clerk of .the City Council, of the City of Huntington Beath, Calif ornia- i 3 c STATE WIPLOYEES RETIRE,NENT SYSTEM SACRADJEI NTO, CALIFORNIA CONTRACT Between THE CITY COUINCIL OF THE CITY OF C HUNTINGTON BEACH and the BOARD OF ADMINISTRATION OF THE CALIFORNIA STATE M-1PLOYEES' RETIREIVENT SYSTEM r—. THIS AGREEhVENT made this , �7thday of October 1945) by and between the Legislative Body of the City L� of Huntington Beach, hereafter referred to as "City", C and the Board of Administration, California State Employees ' Retirement System, hereafter referred to as "Board", WITNESSETH: In consideration of the covenants axed agree— ments hereinafter contained and on the part of both C parties to be kept and performed, City and Board hereby agree as follows: 1. City is to participate in the State Employees ' Retirement System, subject to the provisions of the State Employees ' Retirement Act. C 1 "EXhibit All r F 2. 04 ty sahll - rticipate in said Retirement System, making its employees members of said System, from and after 11 1945 3. Employees of City in the following classes shall become members of said Retirement System in accordance with the provisions of said Retirement C Act, governing membership in said Retirement System, and subject to the further exclusions from membership in the next following sentence: Number of Minimum age Employees eligible for voluntary Classes of for membership on service retire— EmDloyees hh-t*o- 1, 1945 ment a.. City Firemen as defined in Section 8c of the State Employees Retirement Act 7 55 C b. City Policemen as def— ined in Section Bb of the State Employees Retirement Act 9 55 c. Employees other than City Firemen and City policemen 39 As provided in the Retirement Act C In addition to the employees excluded from membership by said Retirement Act, the following employees shall not become members of the Retirement System: No additional exclusions. �. Board end City agree that , except as provided in paragraph 5, no adjustment shall be made in the C 2 "Exhibit Al' amount of contributions ;provided iri paragraph 5a, on i account of prior service, or in the percentage provided in paragraph 5b, because of variations in the numbers of employees who become members of said Retirement System on the effective date hereof, from the numbers listed above, due to termination of service by such causes as death, resignation or discharge, or the C employment of individuals not included in said numbers. 4. Benefits on account of prior service, that' is, service credited hereunder as rendered to City to the effective date hereof, shall be allowed to City firemen and City Policemen and to other employees, only as percentages of the respective average salaries specified in said Retirement Act, for each year,. of such C service, and said percentages shall be equal to 100 per cent of the analogous percentages now used under said Retirement System in calculating benefits on account of prior service , allowed to members of the California State Highway Patrol and other employees of 'the State of California, respectively. C 5. City shall contribute to said Retirement System as follows: a. The sum of $9, 662.85 per annum, payable in equal monthly or less frequent installments as Board shall require , for a period of 25 years, on C 3 "Exhibit All I of the periodical investigation into the experience under said Retirement System, a.s it affects said employees, and the valuation of tkie assets and liabilities of said System on account of said employees"D Contributions required of City and its employees shall be subject to adjustment by the Board of M Administration on account of amendments to the State Employees ' Retirement Act, and on account of experience i under the Retirement System, as determined by the periodical investigation, valuation a.rd determination provided for by said Retirement Act. 6. Contributions required of City under -- paragraph 5 immediately preceding, and contributions C required of City ' s employees who are members of said System, shall be paid by City to the State Employees ' Retirement System within thirty days after the end of the month or longer period to :which said contributions refer. If more or less than the correct amount of contribution required of City or its employees is i C paid for any period, proper adjustment shall be made in connection with subsequent remittances of the City to the Board, to rectify the errors; or such adjust- ments V1 account of errors made in contributions required of employees, may be made by ,direct cash payments between the employee in connection with whom 5 'Exhibit All the error w .s made, and Board. Payments of City to Board may be made in the form of warrants, bank checks, bank drafts, certified checks, money orders, or cash. 7. The provisions of Section 84 of the State Employees' Retirement Act shall apply to employees of Subdivision, who became members of said Retirement � C System. WITNESS OUR HANDS the day and year first a0ove written. CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH, CALIFOM IA r-- By • MAYOR- ATTEST: C. R., FURR City Clerk BOARD OF ADMINISTRATION STATE EMPLOYEES ' RETIREMENT SYSTEM By THOS. E. STANTON President, Board of Administration ATriE S1 0 r-' 3ARLE CHAPMAN Secretary J (Original signatures of names typed above are on the original contract.) 6 "Exhibit A'�